[ClearCase_guy]

Anyone who pays attention to the Great Depression understands that the reason it was so long and so deep was because of government intervention. Both Hoover and FDR tried too hard to help fix it and they turned a bad recession into a total calamity.

We're doing it again.

Many people have told me that "I just don't get it" and "If we don't do something, it could get really, really bad". I'm just not buying it. I'm a Conservative. I have faith in markets. Having some central authority step in and nationalize failing businesses (banking, autos, etc.) just is NOT going to seem like a smart idea to me.

The government needs to cut regulation and cut taxes and then just sit there.

[Richard Kimball]

Agreed. We’re still operating on the “too big to fail” premise, and this was one of the problems of 1900 to 1930. The Titanic wasn’t too big too sink and WWI wasn’t so big it made wars unthinkable. AIG isn’t too big to fail; GM isn’t too big to fail, and the US Government isn’t too big too collapse.